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Asana (ASAN)
NYSE:ASAN
Holding ASAN?
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ASAN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.05 - $23.44
Previous Close$12.02
Volume655.79K
Average Volume (3M)2.23M
Market Cap
$2.71B
Enterprise Value$2.80B
Total Cash (Recent Filing)$219.40M
Total Debt (Recent Filing)$275.20M
Price to Earnings (P/E)―
Beta2.09
Next Earnings
Nov 28, 2024EPS Estimate
-$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.15
Shares Outstanding228,164,346
10 Day Avg. Volume2,814,842
30 Day Avg. Volume2,234,286
Standard Deviation0.22
R-Squared0.07
Alpha-0.00742
Financial Highlights & Ratios
Price to Book (P/B)8.59
Price to Sales (P/S)4.12
Price to Cash Flow (P/CF)-364.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.06
Enterprise Value/Gross Profit4.76
Enterprise Value/Ebitda-12.69
Forecast
1Y Price Target
$13.83Price Target Upside16.46% Upside
Rating ConsensusHold
Number of Analyst Covering12
Asana News
PremiumThe Fly
Asana falls -12.3%
PremiumThe Fly
Asana falls -13.8%
Bulls Say, Bears Say
Bulls Say
AI FeaturesAsana's AI capabilities are coming online with nine new AI features and a new upsell offering in Asana AI Studio, which is expected to add revenue.
Leadership And Share RepurchaseCEO Dustin Moskovitz announced a new 13.5 million share buying plan, in addition to the company’s existing $150 million repurchase plan.
Market OpportunityAsana offers a differentiated solution for work management in the enterprise, addressing an approximately $10 billion market opportunity.
Bears Say
Earnings Guidance3Q revenue guidance was below expectation and implies a 4Q ramp that may be challenging to achieve.
Financial PerformanceOverall net revenue retention dipped below 100%, decreasing 2% from the prior quarter.
Management ChangesAsana reported a mixed quarter and announced an unexpected CFO transition.
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Ownership Overview
50.59% Insiders
12.05% Mutual Funds
21.12% Other Institutional Investors
16.24% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Asana
Desktop Users
Mobile Users
ASAN FAQ
What was Asana’s price range in the past 12 months?
Asana lowest stock price was $11.04 and its highest was $23.44 in the past 12 months.
What is Asana’s market cap?
Currently, no data Available
When is Asana’s upcoming earnings report date?
Asana’s upcoming earnings report date is Nov 28, 2024 which is in 70 days.
How were Asana’s earnings last quarter?
Asana released its earnings results on Sep 03, 2024. The company reported -$0.05 earnings per share for the quarter, beating the consensus estimate of -$0.079 by $0.029.
Is Asana overvalued?
According to Wall Street analysts Asana’s price is currently Undervalued.
Does Asana pay dividends?
Asana does not currently pay dividends.
What is Asana’s EPS estimate?
Asana’s EPS estimate is -$0.07.
How many shares outstanding does Asana have?
Asana has 142,677,670 shares outstanding.
What happened to Asana’s price movement after its last earnings report?
Asana reported an EPS of -$0.05 in its last earnings report, beating expectations of -$0.079. Following the earnings report the stock price went down -5.117%.
Which hedge fund is a major shareholder of Asana?
Among the largest hedge funds holding Asana’s share is Gilder Gagnon Howe & Co LLC.. It holds Asana’s shares valued at 18M.
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Asana Stock Smart Score
Unlock Smart Score
1
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Analyst Consensus
Hold
Average Price Target:
$13.83 (16.46% Upside)
$13.83 (16.46% Upside)
Blogger Sentiment
Bullish
ASAN Sentiment 62%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 248.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $736.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.13%
12-Months-Change
Fundamentals
Return on Equity
-83.06%
Trailing 12-Months
Asset Growth
-1.15%
Trailing 12-Months
Company Description
Asana
Asana Inc is a software company. The company provides platform for work management that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives. It helps plan marketing campaigns, streamline processes, manage sales, and manage product launches. Also, the company provides project management and workflow management solutions.
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ASAN Company Deck
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ASAN Earnings Call
Q2 2024
0:00 / 0:00
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ASAN Revenue Breakdown
61.00% U.S.
39.00% International
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ASAN Stock 12 Month Forecast
Average Price Target
$13.83
▲(16.46% Upside)
Technical Analysis
Best Analysts Covering ASAN
1 Year
1 Year Success Rate
10/13 ratings generated profit
1 Year Average Return
+7.91%
assigned a sell rating 17 days ago
Copying Rishi Jaluria's trades and holding each position for 1 Year would result in 76.92% of your transactions generating a profit, with an average return of +7.91% per trade.
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